| HIMIPref™ Preferred Indices These values reflect the December 2008 revision of the HIMIPref™ Indices Values are provisional and are finalized monthly |
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| Index | Mean Current Yield (at bid) |
Median YTW |
Median Average Trading Value |
Median Mod Dur (YTW) |
Issues | Day’s Perf. | Index Value |
| Ratchet | 6.68 % | 7.12 % | 28,696 | 13.38 | 1 | 0.3086 % | 2,428.3 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0763 % | 4,600.9 |
| Floater | 6.27 % | 6.58 % | 58,347 | 13.12 | 3 | 0.0763 % | 2,651.5 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0330 % | 3,649.8 |
| SplitShare | 4.80 % | 4.39 % | 59,851 | 3.35 | 6 | 0.0330 % | 4,358.6 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0330 % | 3,400.7 |
| Perpetual-Premium | 5.54 % | -0.16 % | 84,442 | 0.08 | 4 | 0.1190 % | 3,088.3 |
| Perpetual-Discount | 5.57 % | 5.65 % | 46,201 | 14.35 | 28 | 0.0517 % | 3,372.3 |
| FixedReset Disc | 5.89 % | 6.02 % | 125,708 | 13.70 | 32 | 0.2971 % | 3,043.1 |
| Insurance Straight | 5.49 % | 5.53 % | 56,243 | 14.57 | 18 | 0.6343 % | 3,293.4 |
| FloatingReset | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.2971 % | 3,620.1 |
| FixedReset Prem | 5.77 % | 4.78 % | 125,811 | 2.40 | 20 | 0.2604 % | 2,638.6 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.2971 % | 3,110.7 |
| FixedReset Ins Non | 5.23 % | 5.36 % | 54,572 | 14.53 | 15 | 1.5964 % | 3,064.4 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| CU.PR.H | Perpetual-Discount | -4.27 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-10-03 Maturity Price : 22.63 Evaluated at bid price : 22.88 Bid-YTW : 5.80 % |
| GWO.PR.Q | Insurance Straight | -1.34 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-10-03 Maturity Price : 22.66 Evaluated at bid price : 22.90 Bid-YTW : 5.65 % |
| GWO.PR.G | Insurance Straight | -1.30 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-10-03 Maturity Price : 23.20 Evaluated at bid price : 23.50 Bid-YTW : 5.56 % |
| ENB.PR.F | FixedReset Disc | 1.01 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-10-03 Maturity Price : 21.06 Evaluated at bid price : 21.06 Bid-YTW : 6.40 % |
| CCS.PR.C | Insurance Straight | 1.04 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-10-03 Maturity Price : 22.11 Evaluated at bid price : 22.33 Bid-YTW : 5.63 % |
| MFC.PR.B | Insurance Straight | 1.17 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-10-03 Maturity Price : 21.28 Evaluated at bid price : 21.55 Bid-YTW : 5.43 % |
| SLF.PR.E | Insurance Straight | 1.18 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-10-03 Maturity Price : 21.40 Evaluated at bid price : 21.40 Bid-YTW : 5.29 % |
| PWF.PR.S | Perpetual-Discount | 1.21 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-10-03 Maturity Price : 21.52 Evaluated at bid price : 21.78 Bid-YTW : 5.60 % |
| GWO.PR.S | Insurance Straight | 1.60 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-10-03 Maturity Price : 23.88 Evaluated at bid price : 24.13 Bid-YTW : 5.47 % |
| CIU.PR.A | Perpetual-Discount | 1.67 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-10-03 Maturity Price : 21.25 Evaluated at bid price : 21.25 Bid-YTW : 5.48 % |
| CU.PR.F | Perpetual-Discount | 1.96 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-10-03 Maturity Price : 20.80 Evaluated at bid price : 20.80 Bid-YTW : 5.48 % |
| NA.PR.K | FixedReset Prem | 1.99 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2029-05-01 Maturity Price : 25.00 Evaluated at bid price : 28.25 Bid-YTW : 4.15 % |
| MFC.PR.F | FixedReset Ins Non | 2.01 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-10-03 Maturity Price : 18.31 Evaluated at bid price : 18.31 Bid-YTW : 5.61 % |
| CU.PR.G | Perpetual-Discount | 2.51 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-10-03 Maturity Price : 20.86 Evaluated at bid price : 20.86 Bid-YTW : 5.46 % |
| ENB.PR.H | FixedReset Disc | 4.67 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-10-03 Maturity Price : 22.05 Evaluated at bid price : 22.40 Bid-YTW : 5.76 % |
| IFC.PR.E | Insurance Straight | 7.47 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-10-03 Maturity Price : 23.48 Evaluated at bid price : 23.75 Bid-YTW : 5.50 % |
| IFC.PR.A | FixedReset Ins Non | 28.36 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-10-03 Maturity Price : 21.50 Evaluated at bid price : 21.50 Bid-YTW : 5.30 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| FTS.PR.M | FixedReset Disc | 59,700 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-10-03 Maturity Price : 22.79 Evaluated at bid price : 23.88 Bid-YTW : 5.56 % |
| BMO.PR.E | FixedReset Prem | 59,300 | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-11-25 Maturity Price : 25.00 Evaluated at bid price : 26.54 Bid-YTW : 4.96 % |
| CM.PR.S | FixedReset Prem | 49,860 | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-01-31 Maturity Price : 25.00 Evaluated at bid price : 25.39 Bid-YTW : 4.99 % |
| MFC.PR.Q | FixedReset Ins Non | 29,300 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-10-03 Maturity Price : 23.50 Evaluated at bid price : 25.19 Bid-YTW : 5.32 % |
| NA.PR.C | FixedReset Prem | 19,400 | YTW SCENARIO Maturity Type : Call Maturity Date : 2027-11-15 Maturity Price : 25.00 Evaluated at bid price : 26.64 Bid-YTW : 4.26 % |
| ENB.PR.J | FixedReset Disc | 15,600 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-10-03 Maturity Price : 21.76 Evaluated at bid price : 22.05 Bid-YTW : 6.28 % |
| There were 4 other index-included issues trading in excess of 10,000 shares. | |||
| Wide Spread Highlights | ||
| See TMX DataLinx: ‘Last’ != ‘Close’ and the posts linked therein for an idea of why these quotes are so horrible. | ||
| Issue | Index | Quote Data and Yield Notes |
| POW.PR.H | Perpetual-Premium | Quote: 25.32 – 26.32 Spot Rate : 1.0000 Average : 0.5810 YTW SCENARIO |
| CU.PR.H | Perpetual-Discount | Quote: 22.88 – 24.25 Spot Rate : 1.3700 Average : 0.9704 YTW SCENARIO |
| GWO.PR.M | Insurance Straight | Quote: 25.19 – 26.19 Spot Rate : 1.0000 Average : 0.6631 YTW SCENARIO |
| BN.PR.N | Perpetual-Discount | Quote: 20.30 – 21.30 Spot Rate : 1.0000 Average : 0.6649 YTW SCENARIO |
| GWO.PR.S | Insurance Straight | Quote: 24.13 – 24.99 Spot Rate : 0.8600 Average : 0.5527 YTW SCENARIO |
| CCS.PR.C | Insurance Straight | Quote: 22.33 – 23.25 Spot Rate : 0.9200 Average : 0.6864 YTW SCENARIO |